the_sunship

SPX 500 - 5 waves complete, likely bounce today

Short
the_sunship Aggiornato   
EIGHTCAP:SPX500   Indice S&P 500
Not sure if the bounce will be all day or half. Expecting a pullback at open and then rally to 3850, maybe even to 3880, then lower.
Commento:
retracement may already be done, watch for break of low
Commento:
OK the retracement looks done (right now at least). Targets for next move down is shown. I doubt they get there today, but you never know.
Commento:
SPX cash may make another run at the pitchfork fib line, it doesn't have to, but it may.
Commento:
got there, should reject in this area.
Commento:
that pitchfork Fib has been very important, They can't get over it, so I'm still bearish for CPI tomorrow. It may be wrong, but I'm going to trust the analysis.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.